The Territorial Outlook provides the economic and fiscal outlook for each of Canada’s three Northern territories, including output by industry, labour markets, and demographics.

Document Highlights

Difficulty in obtaining financing has led to plans to develop the Mary River iron ore mine in Nunavut being revised downward. Nevertheless, new mining developments will propel real GDP growth in that territory over the next few years.

Real economic growth will remain depressed in the Northwest Territories this year as diamond production declines.

New mines are expected to be developed in Yukon, leading to at least five mines producing during the mid and later part of the decade.

New mine developments will provide a solid foundation for job creation and income growth over the forecast period.

To see if you are entitled to get this research for free, take a minute and create a free e-Library account. This will let us determine if someone else at your organization has already purchased access to this material.

Learn more about the e-Library by watching our interactive video:

Update Interests

This report is tagged with the following interests that are not in your profile:

Click here to
add these interests to your profile and you will receive a notification when a report
with the same interests is released.